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K3 BusinessTechGrp PLC Ord 25P (KBT)

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30-Mar-2021 09:29 AM

K3 Business Technology annual losses widen on impairment, restructuring costs; appoints new CEO

Mission-critical software provider and cloud solutions company K3 Business Technology reported wider losses following impairment and reorganisation costs. The company also announced the appointment of Marco Vergani as chief executive officer. Vergani wa
02-Nov-2020 08:22 AM

K3 says H2 performance in line with expectations

Business software provider K3 said performance in the second half of the financial year had continued to be in line with the second quarter and management expectations. The company's own IP and global accounts businesses were 'showing particul
04-Aug-2020 09:30 AM

K3 Business Technology narrows half-yearly losses; touts improved performance in H2

Cloud solutions company K3 Business Technology touted improved performance for the second half of the year after narrowing losses in the first half. For the six months ended 31 May, pre-tax losses narrowed to £966m from £971m on-year as reve
22-Oct-2019 08:40 AM

Broker Forecast - finnCap issues a broker note on K3 Business Technology Group PLC

finnCap today reaffirms its corporate investment rating on K3 Business Technology Group PLC (LON:KBT) and cut its price target to 245p (from 290p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
09-Jul-2019 08:04 AM

K3 Business Technology reports wider losses amid contract delays

K3 Business Technology reported wider first-half losses as revenues came under pressure amid delays to contract signings, but the group said it remained on track to meet full-year expectations. For the six months to 31 March, reported pre-tax losses wide
19-Mar-2019 09:24 AM

K3 Business Technology swings to profit as turnaround programme takes shape

K3 Business Technology swung to a modest profit as the transformation strategy initiated two years ago improved performance. The company reported a pre-tax profit of £0.02m for the year ended November 2018, compared with a loss of £16.1m for
19-Mar-2019 08:40 AM

Broker Forecast - finnCap issues a broker note on K3 Business Technology Group PLC

finnCap today reaffirms its corporate investment rating on K3 Business Technology Group PLC (LON:KBT) and raised its price target to 290p (from 275p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
09-Jul-2018 07:47 AM

K3 reduces pretax losses in H1; sees stronger second half

Software group K3 reported Monday a narrower half-year loss before tax as its efforts to streamline the business improved performance. For the six months to 31 May, losses before tax were reduced to £1.0m, from £5.4m the same period a year a
30-May-2018 03:04 PM

K3 Business Technology says trading in line with expectations

IT services provider K3 Business Technology Group said trading in the first half of its financial year through November had been in line with management expectations. Measures taken to improve the company's operational performance and place it on a
27-Mar-2018 10:00 AM

Broker Forecast - finnCap issues a broker note on K3 Business Technology Group PLC

finnCap today reaffirms its corporate investment rating on K3 Business Technology Group PLC (LON:KBT) and raised its price target to 250p (from 220p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
27-Mar-2018 09:18 AM

K3 Group swings to loss amid 'significant' charges from restructuring

K3 Group reported an adjusted pre-tax loss of £3m for the 17 months to Nov. 30, compared with a adjusted pre-tax profit of £8.8m the previous year, amid significant charges related to a comprehensive review and reorganisation programme. Th
12-Dec-2017 09:32 AM

K3 in line with forecasts

K3 Business Technology Group expects results for the 17 month period to the end of November to be in line with management forecasts. The board confirmed that trading over the remainder of the period to 30 Nov had been in line expectations and new cus
04-Jul-2017 02:23 PM

K3 shareholders approve placing

K3 Business Technology Group has confirmed that shareholders approved the resolution, in respect of the proposed placing and open offer, at today's general meeting. At 2:23pm: (LON:KBT) K3 Business Technology Group PLC share price was -1p at 145.
12-Jun-2017 03:10 PM

Broker Forecast - finnCap issues a broker note on K3 Business Technology Group PLC

finnCap today reaffirms its corporate investment rating on K3 Business Technology Group PLC (LON:KBT) and set its price target at 200p. Story provided by StockMarketWire.com...
12-Jun-2017 01:06 PM

K3 provisionally raises £7.5m via share placing

K3 Business Technology Group has confirmed that the Company has raised a total of £7,494,500 (before expenses) by means of an accelerated bookbuild with new and existing investors of 5,353,214 Placing Shares at a price of 140p per share. The Placin
12-Jun-2017 07:52 AM

K3 to raise up £8.5m

K3 Business Technology Group has announced an £8.5m fundraising and changes to its board. The group is seeking to raise up to £7.5m through a placing at 140p per share and up to £1.0m through an open offer at the placing price. It sa
05-May-2017 09:40 AM

K3 changes year-end date

K3 Business Technology Group has changed its accounting reference date and financial year-end from 30 June to 30 November. At 9:40am: (LON:KBT) K3 Business Technology Group PLC share price was 0p at 249.5p Story provided by StockMarketWire.com...
10-Jan-2017 07:35 AM

K3 earnings

K3 Business Technology Group has warned that that EBITDA (pre-exceptional items) for the full year will be approximately £3.5m less than the originally anticipated. K3 says it has made important progress over the first half in its operational reorganis
24-Nov-2016 08:09 AM

K3 trading ahead of last year

K3 Business Technology Group's trading in the first four months of the new financial year is ahead of last year, shareholders at the annual general meeting today will be told. Chairman David Bolton will say: "As in prior years, the forthcoming
23-Sep-2016 07:28 AM

K3 Business Technology appoints CEO

K3 Business Technology Group has appointed Adalsteinn Valdimarsson as the company's chief executive. Valdimarsson , who joined K3 on 11 July as a non-executive director, will take up his new position on 1 October. He takes over from David Bolton w
13-Sep-2016 07:57 AM

K3 adjusted pre-tax profits up 22%

K3 Business Technology Group posts adjusted pre-tax profits of £8.80m for the 12 months to the end of June - 22% up on last time. Revenue rose by 7% to £89.18m with recurring revenues up 4% at £41.62m. Gross margins increased to 54.4%
04-Jul-2016 07:25 AM

K3 acquires Merac

K3 Business Technology Group has acquired Merac Limited for an initial consideration of £1.27 million, payable in cash. A further consideration of up to £175,000 is due in 2017, dependent on performance. The acquisition has been agreed o
25-Apr-2016 08:40 AM

Broker Forecast - finnCap issues a broker note on K3 Business Technology Group PLC

finnCap today reaffirms its corporate investment rating on K3 Business Technology Group PLC (LON:KBT) and raised its price target to 465p (from 435p). Story provided by StockMarketWire.com...
21-Mar-2016 09:55 AM

K3 adjusted pre-tax profits up 33%

K3 Business Technology Group posts adjusted pre-tax profits of GBP4.72m for the six months to the end of December - 33% up on last time (36% up at constant currencies). The group said the results were in line with management expectations and benefited fr
03-Nov-2015 07:46 AM

K3 wins major contract

K3 Business Technology Group has won a major contract for its 'axlis fashion' solution with K - Mail Order GmbH & Co, one of Germany's largest online fashion retailers. The contract has been secured through K3's channel partner netwo

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